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The global surgical tourniquets market size has the potential to grow by USD 148.06 million during 2019-2023. The market’s growth momentum will accelerate throughout the forecast period.
This report provides a detailed analysis of the market by geography (Asia, Europe, North America, and ROW) and product (pneumatic tourniquets and non-pneumatic tourniquets). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including AneticAid Ltd., Delfi Medical Innovations Inc., Huaxin Medical Equipment Factory, Shanghai Huifeng Medical Instrument Co. Ltd., Stryker Corp., Tactical Medical Solutions LLC, Teleflex Inc., ulrich GmbH & Co. KG, VBM Medical Technology GmbH, and Zimmer Biomet Holdings Inc.
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The surgical tourniquets market is fragmented. The degree of fragmentation will decrease over the forecast period. Huaxin Medical Equipment Factory, Shanghai Huifeng Medical Instrument Co. Ltd., and Stryker Corp. are a few of the significant market participants. Although the accelerating market growth momentum will offer immense business opportunities to the vendors, complications associated with surgical tourniquets will challenge the growth of many. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market positions, this surgical tourniquets market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of the companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. This surgical tourniquets market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading surgical tourniquets companies, including:
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The increasing orthopedic surgeries, rising number of product launches, and the presence of established vendors in North America are significantly contributing to surgical tourniquets market growth in the region.
Almost 43% of the overall market’s growth will originate from North America during the forecast period. The adoption of surgical tourniquets by the army in the region is also helping vendors in generating significant revenue. The US is one of the key markets for surgical tourniquets in the region. Over the forecast period, Market growth in this region will be slower than the growth of the overall market.
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Vendors are focusing on the personalization of pneumatic surgical tourniquets to reduce tourniquet-related injuries. Vendors are also focusing on developing products that are microcomputer-based, which are integrated with alarms and other safety features and allows automatic pressure control. This will increase the sales of pneumatic tourniquets.
The growth rate of the market in this segment will be faster than the market’s growth in the non- pneumatic tourniquets segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the surgical tourniquets market size.
The growing prevalence of orthopedic surgeries is one of the significant factors driving surgical tourniquets market growth. The increasing prevalence of orthopedic surgeries can be attributed to several factors, including the growing geriatric population, rising prevalence of degenerative bone diseases, and increasing surgical outcomes. Moreover, the incidences of sports-related orthopedic injuries and road accident-related injuries are increasing. These factors are contributing to the growing need for orthopedic surgeries, such as joint replacement surgeries and musculoskeletal surgeries. This will subsequently influence the need for surgical tourniquets.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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